Macro Finance
Jio Shares Indicated 22% Higher in India Gray-Market Trading
Bloomberg Markets·October 27, 2026·1 min read
Jio Platforms Ltd.'s $3.1 billion India-record initial public offering is seeing shares indicated 22% higher in gray-market trading, fueling hopes of a big debut pop. Investors who secured allocations are watching the unofficial market closely, with the strong gray-market premium suggesting robust demand for the telecom giant's shares when they begin trading.
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